51A-15-29. Modification of reorganization plan or liquidation of bank--Grounds and notice requirements.
Whenever in the course of reorganization supervening conditions render a plan of reorganization unfair or its execution impractical, the director may modify the plan or liquidate the bank. Any such action shall be taken by order upon reasonable notice.
Source: SL 1969, ch 11, §13.12; SL 1970, ch 265, §68; SDCL, §51-27-21.